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Nov 11, 2012 10:00pm PST
to be in. >> the $12 million energy new jersey -- new jersey based company makes parts for defense systems but with the deep cuts looming, orders for the military are slowing down. >> they were supposed to order 400 o of something, so far they've ordereds 22. >> this year ux they made 9 million combat uniforms, everyone the giants depend on thousands of smaller companies. 1300 supply yes, sir built the f 35, boeings c 17 contains parts from companies in 27 states. all of it could be affected by 1.2 trillion in spending cuts when you suddenly stop that you're going to see catastrophic impacts on people's ability to survive. >> they project a loss of 1.4 million jobs next year if this goes through. >> there is a super majority now in the legislature and that has some people worried. >> there seems to be this buzz right now that not unlike sixth graders home alone on friday night, we're going to raise every tax and then burn down the house. >> we were assured that was nots the case but with with the supermajority, democrats can soon pass bills and amend the constitution without a sing
Nov 11, 2012 8:30am PST
race, ramsey looked for a new outlet for his political energy. >> the super packs were able to facilitate a conversation. you provide voters access. >> democrat tim bishop, a five term new york congressman, was the target of another small super pack created to remove him from office. >> big hearts beat big checks every day of the week. >> he was hit by $1 million in negative ads and direct mail from prosperity for us. $750,000 came from one constituent. hedge fund manager, robert mercer. he declined to answer questions, but bishop believes he might have been motivated by bishops vote for new financial industry regulation. >> what it was designed to do is to fix some of the systemic problems that resulted in the worst financial collapse this country has had since the great depression. >> bishops was one of 63 house races this year where outside groups like super packs spent $1 million or more. >> what i fear we are approaching is a process in which elections are bought and sold as opposed to one and lost. >> bishop was able to hold onto his seat, still spending in races for the
Search Results 0 to 1 of about 2